← New search
Ellis County, OK · Sold

OK-512599

3466 County Road 187

$8,300
$1,578/ac · 5.26 ac
Acreage5.26 ac
Price per acre$1,578/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedNov 29, 2023
Coordinates36.3034, -99.6872
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Ellis County, Oklahoma. Cross Timbers hunting tracts and cattle ground; mineral rights often severed.

View Ellis market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
70
High risk
Wetlands37.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power9,140 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.13 of 5.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,494
$9,248$15,741 · $2,375/ac on 5.26 ac
Asking vs estimate
-33.6%
Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $8,300
Maximum allowable offer
$7,140
$1,357/ac · +30.0% target margin

You need $1,160 off asking to hit this margin.

All-in cost$7,747
Net resale$11,495
Projected profit$3,748
ROI+48.4%
Annualized+69.2%
Break-even resale$1,601/ac
Profit if resale lands off target
-20%
$1,449
-10%
$2,598
0%
$3,748
+10%
$4,897
+20%
$6,047
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OK-932903
Dirt · Off grid
6.5May 4, 2026$24,7003,7743,0551.5 mi
84
OK-541852
Gravel · Off grid
3.1Jul 27, 2026$14,5004,7503,1714.2 mi
79
OK-932377
Paved · Power at road
4.5Jul 27, 2026$23,3005,1972,53314.2 mi
78
OK-902071
Gravel · Off grid
3.6Jul 27, 2026$8,6002,3961,60811.4 mi
77
OK-331882
Gravel · Off grid
3.1Jul 27, 2026$9,4003,0072,0097.8 mi
77
OK-372211
Gravel · Power at road
4.0Jul 27, 2026$11,8002,9761,70412.0 mi
77
OK-262285
Dirt · Power at road
4.2Dec 21, 2025$20,5004,8833,33810.9 mi
73
OK-841901
Gravel · Power at road
3.2Dec 4, 2025$13,3004,2022,4523.4 mi
73
OK-441584
Gravel · Off grid
2.5Oct 26, 2025$7,6003,0122,0632.1 mi
72
OK-573133
Dirt · Full utilities
7.7Apr 6, 2025$21,9002,8341,6877.8 mi
68
Show adjustment detail for the top comp
  • Tract size (6.55 ac → 5.26 ac)+1.2%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (3 mo)+1.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.